Truist Financial Corp Has $310.12 Million Stake in iShares Russell 2000 ETF $IWM

Truist Financial Corp trimmed its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 7.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,259,829 shares of the exchange traded fund’s stock after selling 103,988 shares during the period. Truist Financial Corp’s holdings in iShares Russell 2000 ETF were worth $310,120,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Moody Lynn & Lieberson LLC boosted its position in iShares Russell 2000 ETF by 0.8% during the fourth quarter. Moody Lynn & Lieberson LLC now owns 5,103 shares of the exchange traded fund’s stock worth $1,256,000 after purchasing an additional 41 shares during the period. Northern Financial Advisors Inc boosted its position in iShares Russell 2000 ETF by 4.1% during the third quarter. Northern Financial Advisors Inc now owns 1,144 shares of the exchange traded fund’s stock worth $277,000 after purchasing an additional 45 shares during the period. Punch & Associates Investment Management Inc. boosted its position in iShares Russell 2000 ETF by 32.1% during the third quarter. Punch & Associates Investment Management Inc. now owns 185 shares of the exchange traded fund’s stock worth $45,000 after purchasing an additional 45 shares during the period. Ameriflex Group Inc. boosted its position in iShares Russell 2000 ETF by 8.1% during the third quarter. Ameriflex Group Inc. now owns 642 shares of the exchange traded fund’s stock worth $155,000 after purchasing an additional 48 shares during the period. Finally, Financial Management Professionals Inc. boosted its position in iShares Russell 2000 ETF by 7.4% during the fourth quarter. Financial Management Professionals Inc. now owns 700 shares of the exchange traded fund’s stock worth $172,000 after purchasing an additional 48 shares during the period.

iShares Russell 2000 ETF Price Performance

IWM stock opened at $279.28 on Monday. The company has a fifty day moving average price of $259.19 and a two-hundred day moving average price of $254.73. iShares Russell 2000 ETF has a one year low of $195.64 and a one year high of $279.81. The stock has a market cap of $77.56 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11.

iShares Russell 2000 ETF Profile

iShares Russell 2000 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the small-capitalization sector of the United States equity market and includes securities issued by the approximately 2,000 smallest issuers in the Russell 3000 Index. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.